re: The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking

Indeed, it does add challenges in the context of AML. The suggested ecosystem requires rethinking of a new AML platform as a shared service where MNOs, technology providers and banks/treasuries are major participants.

re: The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking

Indeed, it does add challenges in the context of AML. The suggested ecosystem requires rethinking of a new AML platform as a shared service where MNOs, technology providers and banks/treasuries are major participants.

re: The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking

Progress in this regard is inevitable and good, but it does create new challenges with regard to fraud and anti-money laundering (AML). It's another way that financial institutions are forced to be more exposed to privacy and security risk as they become ever more customer-centric.

re: The New Ecosystem for Mobile: Technology Alliances for M-Payments and M-Banking

I think the article is right in that banks have to look at other providers as potential partners. Banks are going to have to pursue multiple partnerships, and some will succeed and some will fail. That just seems to be what the market is necessitating right now.